Regulator appoints interim managers to related poverty charities

The Charity Commission took the action with Achiezer and the Achiezer Association because of long-running concerns with both

Charity Commission offices
Charity Commission offices

The Charity Commission has appointed interim managers to two related charities amid concerns about their governance, administration and financial management.

The regulator said today it had appointed interim managers to Achiezer and the Achiezer Association, which share common trustees and similar objects of making grants to support people in poverty.

Both charities have been the subject of a long-running joint inquiry by the commission, which it opened in 2015 amid concerns about the relationship between their trading subsidiaries and a company associated with the trustees.

The two charities had both been part of a joint inquiry, opened in 2013, into a group of charities that had failed to file their annual returns with the regulator for two or more years.

The Achiezer Association had an income of £76 and spending of £39,471 in the year to the end of September 2016, its most recently filed accounts with the commission show.

Its income was just under £1.1m in the previous year, with similar levels of expenditure, and it was £1.6m in 2013/14, with spending of £1.5m.

Achiezer had an income of £113,145 and spending of £34,302 in the year to 5 April 2016.

The regulator said today it had appointed Geoffrey Carton-Kelly and Jason Baker of the business advisory firm FRP Advisory as joint interim managers to both charities on 30 October.

The pair will take over the general management and operation of both charities to the exclusion of the existing trustees.

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